Torrent Pharmaceuticals Ltd Q3FY23 consolidated PAT slips QoQ to Rs. 283 crores

Torrent Pharmaceuticals Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2481 crores during the period ended December 31, 2022 as compared to Rs. 2307 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 283 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 312 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 8.36 for the period ended December 31, 2022 as compared to Rs. 9.22 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹2481 crs	₹2307 crs	7.54%
Net Profit	₹283 crs	₹312 crs	-9.29%
EPS	₹8.36	₹9.22	-9.33%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.2481 crores during the period ended December 31, 2022 as compared to Rs.2156 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.283 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.249 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.8.36 for the period ended December 31, 2022 as compared to Rs.7.37 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹2481 crs	₹2156 crs	15.07%
Net Profit	₹283 crs	₹249 crs	13.65%
EPS	₹8.36	₹7.37	13.43%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.7165 crores during the 9 Months period ended December 31, 2022 as compared to Rs.6518 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.949 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.895 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.28.02 for the 9 Months period ended December 31, 2022 as compared to Rs.26.45 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹7165 crs	₹6518 crs	9.93%
Net Profit	₹949 crs	₹895 crs	6.03%
EPS	₹28.02	₹26.45	5.94%

Shares of Torrent Pharmaceuticals Limited was last trading in BSE at Rs. 1557.50 as compared to the previous close of Rs. 1586.95. The total number of shares traded during the day was 7396 in over 1050 trades.

The stock hit an intraday high of Rs. 1588.45 and intraday low of 1549.55. The net turnover during the day was Rs. 11556926.00.

Source : Equity Bulls

Keywords

TorrentPharmaceuticals Q3FY23 9MFY23 ResultUpdate